How do the fares for airlines that directly compete compare? The accompanying table contains roundtrip fares for nonstop travel from a particular city to 10 different destinations in the same country on two airlines that a frequent flyer collected. Complete parts (a) through (c) below. Click the icon to view the data on roundtrip airline fares. a. At the 0.01 level of significance, is there evidence of a difference in mean roundtrip fare between Airline A and Airline B? Let μ, be the mean roundtrip fares for Airline A, and let μ₂ be the mean roundtrip fares for Airline B. What are the correct null and alternative hypotheses? OA. Ho: HD #0 (where HD =H₁-H₂) B. Ho: HD=0 (where HD =H₁-H₂) H₁: HD 0 H₁: HD=0 OC. Ho: HD 20 (where HD =H₁-H₂) H₁: HD <0 OD. Ho: HD 0 (where HD =H₁-H₂) H₁: HD SO OE. Ho: HD <0 (where HD =H₁-H₂) H₁: HD 20 OF. Ho: HD 50 (where HD H₁-H₂) H₁: HD >0 What is the test statistic? ISTAT (Round to two decimal places as needed.)

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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What is the test statistic and the p value?

It is a two tailed test

How do the fares for airlines that directly compete compare? The accompanying table contains roundtrip fares for nonstop travel from a particular city to 10 different destinations in the same country on two airlines that a
frequent flyer collected. Complete parts (a) through (c) below.
Click the icon to view the data on roundtrip airline fares.
a. At the 0.01 level of significance, is there evidence of a difference in mean roundtrip fare between Airline A and Airline B?
Let μ₁ be the mean roundtrip fares for Airline A, and let μ2 be the mean roundtrip fares for Airline B. What are the correct null and alternative hypotheses?
A. Ho: HD #0 (where μD = μ₁ −μ₂)
B. Ho: HD 0 (where μ = μ₁ −μ₂)
H₁: HD 0
H₁: HD = 0
C. Ho: HD 20 (where μD = μ₁ −μ₂)
Ho: HD > 0 (where μD = μ₁ −μ₂)
H₁: HD ≤0
H₁: HD <0
E. Ho: HD
<0 (where μD = μ₁ −μ₂)
F. Ho: HD ≤0 (where μ = μ₁ −μ₂)
H₁: HD > 0
H₁: HD 20
What is the test statistic?
=
*STAT
(Round to two decimal places as needed.)
Transcribed Image Text:How do the fares for airlines that directly compete compare? The accompanying table contains roundtrip fares for nonstop travel from a particular city to 10 different destinations in the same country on two airlines that a frequent flyer collected. Complete parts (a) through (c) below. Click the icon to view the data on roundtrip airline fares. a. At the 0.01 level of significance, is there evidence of a difference in mean roundtrip fare between Airline A and Airline B? Let μ₁ be the mean roundtrip fares for Airline A, and let μ2 be the mean roundtrip fares for Airline B. What are the correct null and alternative hypotheses? A. Ho: HD #0 (where μD = μ₁ −μ₂) B. Ho: HD 0 (where μ = μ₁ −μ₂) H₁: HD 0 H₁: HD = 0 C. Ho: HD 20 (where μD = μ₁ −μ₂) Ho: HD > 0 (where μD = μ₁ −μ₂) H₁: HD ≤0 H₁: HD <0 E. Ho: HD <0 (where μD = μ₁ −μ₂) F. Ho: HD ≤0 (where μ = μ₁ −μ₂) H₁: HD > 0 H₁: HD 20 What is the test statistic? = *STAT (Round to two decimal places as needed.)
Airfares
Airline A Fare ($)
740
705
978
1150
641
999
967
720
1107
1189
Airline B Fare ($)
743
708
981
1153
644
1002
970
723
1138
1192
I
X
Transcribed Image Text:Airfares Airline A Fare ($) 740 705 978 1150 641 999 967 720 1107 1189 Airline B Fare ($) 743 708 981 1153 644 1002 970 723 1138 1192 I X
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